How will the new model Tenancy Act affect real estate in India?
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The act's goal is to make renting more profitable for renters and landlords alike, as well as to enhance the supply of housing for tenants. The Act also specifies rules and regulations that apply to both renters and landowners. According to experts, this Act would bring a lot more supply into the real estate market. Making it simpler for landlords to remove renters as long as a legal contract binds them into an agreement.